Minneapolis futures had an incredibly volatile week, but nothing really changed from a fundamental aspect other than the hard red spring wheat crop got smaller. There have also been comments that spring wheat will price itself out of flour blends.The short answer is we think so. Minneapolis futures had an incredibly volatile week. The September contract (shown below) traded as high as$8.68½ early in the week and as low as $7.55 after the mid-week holiday. Nothing really changed from a fundamental aspect other than the hard red spring wheat crop got smaller. There has still been no rain across the western two-thirds of North Dakota, South Dakota and eastern Montana, and temperatures have been in the mid-90s to over 100°F. The entire hard red...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh has asked the USA for technical assistance to improve grain storage and strengthen quality testing of imported grains. Of major importance to Bangladesh is the “technology to improve grain preservation and grain s...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.